14 Mar
Member News

Stradley Ronon | DOJ’s Pilot Whistleblower Program: What Does It Mean for Businesses?

Deputy Attorney General Lisa Monaco announced on March 7 that the U.S. Department of Justice (DOJ) will launch a pilot whistleblower program that will offer financial incentives for individuals to report allegations of criminal wrongdoing to the DOJ. The program will be launched later this year following a 90-day process to develop and implement the pilot. The new initiative will expand upon the DOJ’s recent efforts to incentivize voluntary self-disclosure and will create a counterpart program to those already...

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14 Mar
Chapter News

EU Commission | The EU in 2023: Succeeding amidst challenging times

At a time of increased geopolitical tensions, the EU has continued to successfully tackle the issues that concern Europeans most in 2023, whilst remaining on track to deliver on the political priorities. That is according to the new edition of the EU General Report, which was published today. The report looks at how we have responded to emerging and existing global challenges, with our ongoing, steadfast support for Ukraine being the highlight. We have provided over €88 billion in financial,...

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13 Mar
Chapter News

Commission Sets Out Key Steps for Managing Climate Risks to Protect People and Prosperity

The European Commission has published a Communication on managing climate risks in Europe on March 13th. It sets out how the EU and its Member States can better anticipate, understand, and address growing climate risks. It further presents how they can prepare and implement policies that save lives, cut costs, and protect prosperity across the EU. The Communication responds to the first ever European Climate Risk Assessment (EUCRA), a scientific report by the European Environment Agency. Together, they are a...

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13 Mar
Member News

Reavis Page Jump LLP Recognized as One of Nation’s Best Law Firms

Every year, “Best Lawyers,” a peer reviewed legal publication, selects who they deem to be the best lawyers and the best law firms in the United States on the basis of carefully selected criteria. Of course, we know that all of our lawyers are the “best lawyers,” and we are fortunate to be working with and continually learning from each other. We take this opportunity to recognize our excellent and committed support staff, without whom the firm could not...

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12 Mar
Chapter News

President Biden’s Fiscal Year 2025 Budget Would Strengthen Commerce Department’s Mission to Boost American Innovation and Competitiveness

Proposed Budget Supports Key Commerce Department Initiatives and Programs to Increase Access to Good Jobs, Strengthen Competitiveness in the 21st Century The Biden-Harris Administration submitted to Congress the President’s Budget for Fiscal Year 2025. Following historic progress made since the President took office—with nearly 15 million jobs created and inflation down two-thirds—President Biden’s 2025 Budget expands on the Department’s work as part of the Biden-Harris Administration’s Investing in America Agenda to promote access to good-paying jobs and equitable growth, bolster...

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12 Mar
Member News

Gide | Artificial Intelligence, European legislation and legal issues

EACCNY Member Gide Loyrette Nouel is pleased to present an analysis of "Artificial Intelligence, European legislation and legal issues", which aims to introduce the European legislation currently being adopted (AI ACT in the version approved on 2 February 2024), but also to examine the legal issues of AI across 10 sectors of activity. Author: Thierry Bonneau - Senior Counsel, Gide Loyrette Nouel  The genesis of the notion of artificial intelligence ("AI") is a subject of debate. Some trace it back to...

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12 Mar
Member News

Cushman Wakefield | Vested Relationships: A Better Way to Outsource CRE

In today’s complex business environment, establishing trustful and transparent relationships between buyers and suppliers has become crucial for strategic success. Kate Vitasek, a renowned authority in collaborative business relationships, and Bryan Jacobs, for this episode of The Team Around the Table, explored the power of “vested outsourcing” – a methodology that fosters win-win scenarios in contractual agreements, enabling buyers and suppliers to achieve strategic outcomes together through shared values and goals. Vested Relationships: Five Lessons Learned Shift from Transactional to Relational Outsourcing: Getting...

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11 Mar
Chapter News

OECD | Governments and Firms Need to Address the Key Risks from a Sharp Increase in Global Bond Borrowing

At the end of 2023, the total volume of sovereign and corporate bond debt stood at almost USD 100 trillion, similar in size to global GDP, says a new OECD report. The first OECD Global Debt Report 2024: Bond Markets in a High-Debt Environment released today shows the low interest rate environment post-2008 opened bond markets to a wider range of issuers, including lower rated governments and companies, expanding the riskier market segments and contributing to the rapid growth of the sustainable...

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11 Mar
Chapter News

European Council | Statement of the Eurogroup in Inclusive Format on the Future of Capital Markets Union

Open, well-functioning, and integrated European capital markets are crucial to promote the single market and to attract the necessary investments, and thereby to boost the EU’s global competitiveness, innovation, sustainable growth, and job creation. It will provide better funding possibilities for growing companies, including small and medium-sized companies, and give EU citizens the opportunity to invest their savings more productively in Europe. Deep and liquid capital markets that can allocate capital efficiently and allow for cross-border private risk-sharing constitute, together...

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11 Mar
Member News

Offit Kurman | Lost in Translation: Blunders in International Estate Planning #3

Welcome to “Lost in Translation: Blunders in International Estate Planning.” This blog series explores the rarified world of international estate planning, uncovering potential pitfalls and providing insights to navigate the complexities. Zach Weitz is our guest author for this blog article.   Blunder No. 3: Forgetting to File International Forms There are many penalties imposed by the Internal Revenue Service (“IRS”). For example, the penalty for failing to file a tax return is 5% of the unpaid tax per month. The penalty for failure to file...

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